Quote:
Originally Posted by OneHungLo
Tommy I said debt is good.. why would I be pissed? I took out about 1.2 million in loans from 2002-2006 now that has turned into over 3.2 million in equity and a 6 figure passive income stream with zero taxes paid on that equity. I only wish I took out 10 million in debt. Yes Tommy, debt is good. And you're a babbling retard.
|
question is WHAT was the value in 2008 and 2009 ?
do you think your bank would let you go when you would have 10 million in loans against 6 million of equity?
dept is good as long as you can pay back but it is unrealistic to think that U can ever pay back - and open 2 new holes to close one old is simply bad maths.
it is a question of time til they have to take you your equity to pay the debts of the country.
trump and his mafia will already have left the country with the money YOU AND THE OTHER CITIZENS are owing. but you will still be there because you canīt move real estate to another country.
btw: the german word for real estate is immobilie because they are taking your mobility.